It's doing that with a 7 iron 160 yards out that matters. Make sure you tell B1 that. He's on the midnight driving range as we type with that driver of his. Edit: But yeah.... there's certain times on certain "meme" stocks (even before there were "meme" stocks) when a Fib bounce can be expected. $DJT did it a few weeks prior to GME's. It's a game.... ya just have to when to apply what and when. And how to draw it out on a chart. DJT's:
$139+ today. It might pull back some, but a year out, no problem. Unless they really do something stupid. Always a possibility. This ceo though, he knows what's up and what needs to be fixed. He's sitting on a goldmine if he does it right.
So Crowdstrike goes tonight. They'll have a good quarter, but it's pricey. I think the way to play it as a trade is PANW here at $290.
NVDA and Apple. Nearly $6T in total market-cap between the two. Could you imagine what what would happen if those two crashed? And not just using what the results would be using their particular weights on the S&P and Nasdaq, I think the whole house would come down.